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Rydex Inverse S&P 500 2x Strategy Fund Class H (RYTPX)

49.55
Net Asset Value
-0.16%
1 Day
-26.10%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.80%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the inverse (opposite) of the performance of the S&P 500-® Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing in derivative instruments. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.

Performance

1 month-4.70% 3 years-25.59%
3 months-8.47% 5 years-27.22%
1 year-34.21% Since inception-16.82%
Data through --

Peer Comparisonvs. Bear market

 RYTPXCategory
Performance 5-yr return-27.22%-22.27%
Expense ratio1.80%2.00%
Risk 5 year sharpe ratio-1.66-1.37
Net assets$66.2M$112.8M
Average market cap--$64.2B
Average P/E--21.4
Portfolio turnover78%78%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash80.76%
Fixed income35.63%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 14.26%
-- 7.13%
-- 7.12%
-- 5.70%
-- 1.42%
-- 1.27%
-- 0.63%
-- 0.05%
-- 0.02%